The firm has hired Michael Arpey as a managing director responsible for coordination of investor relations, new fund formation and the development of new investor products.
2 min read · 24 January 2013
Asset sales continue as loss-making US insurance giant AIG prepares to offload its Asia private equity real estate business to sole remaining bidder, Invesco Real Estate.
3 min read · 24 January 2013
The London-based private equity firm has acquired Vue Entertainment and its 68 outlets
1 min read · 24 January 2013
Investors are starting to eye selling and buying properties, but seven out of 10 have little appetite for cross-border deals. Only Europeans are bucking the trend, according to a report.
2 min read · 24 January 2013
The capital injection is matched by an investment of equal size from New York-based Anchorage Capital Group, part of an expected aggregate $325m capital raise by Central Pacific.
1 min read · 24 January 2013
Following an internal audit this summer, Kentucky Retirement Systems is facing a review by Kentucky’s state auditor over its use of placement agents.
2 min read · 24 January 2013
The former political consultant’s reported plea comes on the heels of news that Steve Rattner is close to a deal with the SEC.
2 min read · 24 January 2013
PERE visited the financial hub of Germany this week to be told that domestic investors want core, but will limited opportunities alter their attitude to risk next year?
3 min read · 24 January 2013
As ratings agencies become liable for the ratings attached to CMBS, the founder of Ranieri Real Estate Partners says the real estate industry cannot ‘turn back the clock’ towards balance sheet funding.
2 min read · 24 January 2013
The firm expects to raise another $275m for the fund by the end of the year and also picked up a $1.1bn separate account for Korea’s National Pension Service
3 min read · 24 January 2013